Just weeks after California began licensing marijuana sales, a state lawmaker on Thursday proposed legislation to allow financial institutions to handle money from cannabis businesses.
Because marijuana remains an illegal drug under federal law, federally insured and regulated banks have refused to conduct transactions with firms profiting from the drug.
That has state officials worried about robberies and other crimes as hundreds of state-licensed marijuana business are forced to conduct many transactions, such as paying taxes, with large amounts of cash.
A state Senate panel voted unanimously Thursday to extend the leave of absence taken by Sen. Tony Mendoza (D-Artesia) by up to 60 days to allow the completion of an investigation into sexual harassment complaints, even though the senator has not agreed to an extension beyond his planned Feb. 1 return date.
The bipartisan action by the Senate Rules Committee came after the full Senate voted 27-9 following a heated debate to grant the rules panel the power to extend leaves taken by legislators.
Democratic senators said Mendoza should not be allowed to return to work next week before the investigation is completed because it would send the wrong message and be intimidating to women who work in the Capitol who have complained about him.
This makes at least 5 Reps in CA49, probably welcome news to @flipthe49th activists concerned about 2 Republicans getting past CA's top-two primary. They had an emergency planning call this week to discuss need to winnow field of 5+ Dems.
A new task force of scientists and forestry experts will “review thoroughly the way our forests are managed and suggest ways to reduce the threat of devastating fires,” Gov. Jerry Brown announced in his State of the State speech Thursday.
Brown cited California’s growing severity of wildfires — eight of the state’s most destructive have occurred in the last five years — and the effects of climate change as driving the need to develop new forestry policies.
The governor said the task force also will examine how the state can increase resiliency and carbon storage capacity in forests.